Stock Movers

On this episode of Stock Movers:- General Motors (GM) shares gain after the company raised its full-year outlook and posted third-quarter results that topped Wall Street estimates on better-than-expected pickup truck sales and fresh relief from the Trump administration’s tariffs on auto parts.- Coca Cola (KO) shares rise after the company posted third-quarter sales growth that beat Wall Street expectations — a sign that consumers are snapping up the company’s beverages despite higher prices. - RTX (RTX) shares rise after the company raised its full-year profit outlook and reported third-quarter earnings that topped Wall Street expectations as sales and profit rose across its commercial aerospace and military hardware businesses.See omnystudio.com/listener for privacy information.

n this episode of Stock Movers:- Philip Morris (PM) jumped after the tobacco company reported third-quarter profit and revenue that topped expectations, led by performance in smoke-free portfolio.- 3M (MMM) is up after it raised its profit forecast for the second straight quarter as Chief Executive Officer Bill Brown’s effort to revitalize the conglomerate gains traction despite ongoing challenges from economic volatility.- Walmart (WMT) is moving on news it is offering its lowest price in years for Butterball turkeys this Thanksgiving, as the nation’s largest food seller flexes its muscles to entice price-sensitive consumers with deals. The company said it will sell the turkeys for 97 cents per pound, its cheapest price since 2019. Turkey production has been tight due to shrinking flocks and resurgence of avian flu.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- General Motors (GM) shares are rising after it raised its full-year outlook and posted third-quarter results that topped Wall Street estimates on better-than-expected pickup truck sales and fresh relief from the Trump administration’s tariffs on auto parts. Adjusted earnings before interest and taxes will be $12 billion to $13 billion in 2025, up from a previous range of $10 billion to $12.5 billion, according to the automaker.- General Electric (GE) shares are higher after the company raised its full-year outlook for a second consecutive quarter due to strong air-travel demand. The company raised its forecasts for adjusted revenue growth to “high-teens” from “mid-teens”, as well as for operating profit and free cash flow. GE Aerospace shares have soared more than 80% this year, driven by a rebound in global air travel and rising demand for maintenance and new engines.- Coca-Cola (KO) shares are lower with analysts expecting third-quarter organic sales to moderate sequentially when the beverage-maker reports earnings prior to Tuesday’s opening bell, as continued weakness in some key international markets puts pressure on results. Regarding the full-year outlook, Wall Street is looking for color on FX headwinds and consumer health.- Zions Bancorp (ZION) is extending gains after it reported $222 million of net income, beating forecasts, despite a $50 million loss from an alleged fraud. The bank charged off $56 million of bad loans in the third quarter, reflecting losses caused by the alleged fraud tied to a commercial real estate investor group in Southern California. Zions Chief Executive Officer Harris Simmons said the charge-offs were an “isolated” situation.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Coca-Cola HBC shares fell as the bottler said it will buy a majority stake in Coca-Cola Beverages Africa.- Unilever pushed back its demerger of Magnum Ice Cream due to the government shutdown in the US, though it expects to complete the spinoff this year.- Atos shares fell as much as 17% after the French IT company reported 3Q revenue that missed estimates and lowered its 2025 revenue guidance.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Coca-Cola HBC shares fell as it said it will buy a majority stake in Coca-Cola Beverages Africa.- Nordnet slid after it reported adjusted operating profit for 3Q that missed the average analyst estimate.- Edenred shares registered their biggest intraday spike on record, after the digital platform for services and payments reported better 3Q revenue growth than anticipated.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Crypto-Linked stocks including Robinhood (HOOD) and Terawulf (WULF) ended the day higher as bitcoin miners outperform the digital currency as they expand beyond the cryptocurrency and into AI datacenters.- Getty (GETY) and Shutterstock (SSTK) tumbled after the UK’s Competition and Markets Authority said the pair’s merger may be expected to result in a substantial lessening of competition.- Apple (AAPL) ended the day on 2025's first record amid signs of stronger-than-expected demand for its latest iPhone lineup, adding to hopes that a long-awaited upgrade cycle could be underway. Over the weekend, an analysis from Counterpoint Research showed the iPhone 17 series outsold the iPhone 16 by 14% over their respective first 10 days on sale in the US and China.- Zions Bancorp (ZION) led an aftermarket rally in some regional bank stocks including Western Alliance (WAL) after it delivered earnings that saw its profits top analyst estimates despite a $50 million loss from an alleged fraud tied to a commercial real estate investor group in Southern California. The bank reported $222 million of net income on Monday, just beating forecasts. It also charged off $56 million of bad loans in the third quarter, reflecting losses caused by the alleged fraud.See omnystudio.com/listener for privacy information.

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Tim Stenovec and Carol Massar. On this episode of Stock Movers: - Apple (AAPL) shares hit their first record of 2025 after Loop Capital upgraded the stock to buy from hold, becoming the latest firm to cite positive iPhone demand trends. The recent strength comes amid signs of stronger-than-expected demand for its latest iPhone lineup, with the iPhone 17 series outselling the iPhone 16 by 14% over their respective first 10 days on sale in the US and China. - Cleveland-Cliffs (CLF) shares closed 21.47% higher after the company posted stronger-than-expected earnings and disclosed a pact with another metal producer. The company said it discovered two sites with potential to produce rare earth minerals, one in Michigan and another in Minnesota, and is evaluating whether rare earth minerals can be extracted from its mines. - AppLovin (APP) was the worst performer in the S&P today after the New York Post reported that state regulators have reached out to multiple short sellers in a possible preliminary probe on the mobile advertising company.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Apple (APPL) shares hit their first record of 2025 after Loop Capital upgraded the stock to buy from hold, becoming the latest firm to cite positive iPhone demand trends. - AppLovin (APP) shares sink in the worst intraday fall in two weeks after the New York Post reports that state regulators have reached out to multiple short sellers in a possible preliminary probe on the mobile advertising company.  - BNP Paribas (BNPQY) drops after a court ruling linked it to human rights abuses in Sudan, triggering speculation the firm will ultimately have to pay billions of dollars to settle related cases.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Lululemon (LULU) shares gain after BNP Paribas Exane analyst Laurent Vasilescu raised his team’s recommendation on the athletic clothing company to neutral from underperform.- USA Rare Earth (USAR) is up. Rare earth and critical minerals stocks rose as William Blair analyst Neal Dingmann initiates the companies at outperform as he sees the government potentially taking a stake in them.- AppLovin (APP) shares fell after the New York Post reported that state regulators have reached out to multiple short sellers in a possible preliminary probe on the mobile advertising company.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- MARA Holdings (MARA) shares rise. Cryptocurrency-exposed stocks are rallying as shares of the large-scale computing firms that make Bitcoin work are once again outperforming the original cryptocurrency. - Lululemon (LULU) shares gain after BNP Paribas Exane analyst Laurent Vasilescu raised his team’s recommendation on the athletic clothing company to neutral from underperform.- USA Rare Earth (USAR) is up. Rare earth and critical minerals stocks rose as William Blair analyst Neal Dingmann initiates the companies at outperform as he sees the government potentially taking a stake in them.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Apple (AAPL) is moving with share poised to open near record levels on Monday after Loop Capital upgraded the stock to buy from hold, citing more positive iPhone demand trends. Loop Capital raised its price target on the stock to $315, implying upside of about 25% off Friday’s close, and analyst Ananda Baruah writes that Apple is at the front end of its long-anticipated adoption cycle.- Boeing (BA) is higher as the company secured the backing of US aviation regulators to raise production of its 737 jetliner to 42 jets a month. The Federal Aviation Administration conducted extensive reviews of Boeing's production lines to ensure the production rate increase will be done safely.- Liberty Energy (LBRT) is popping as oil frackers enter the data center power trade.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Amazon (AMZN) shares are moving up and down following an AWS disruption. Amazon Web Services said its cloud service had recovered significantly after a disruption on Monday. The disruption was caused by a problem with a regional gateway on the US East Coast, and "most requests should now be succeeding." The issue affected a range of customers, including government agencies, AI companies, financial platforms, and other sites such as Coinbase, Robinhood, and Tottenham Hotspur.- Boeing (BA) is higher as the company secured the backing of US aviation regulators to raise production of its 737 jetliner to 42 jets a month. The Federal Aviation Administration conducted extensive reviews of Boeing's production lines to ensure the production rate increase will be done safely.- Liberty Energy (LBRT) is popping as oil frackers enter the data center power trade.- Beyond Meat (BYND) is up as the meme stock frenzy drives the stock higher. It comes after Beyond Meat's shareholder wipeout last week.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Kering agreed to sell its beauty division to L’Oreal SA as part of a long-term strategic alliance, its stock having risen about 36% since the start of the year. _ Holcim is set to acquire Xella, a European walling systems company, in a €1.85 billion ($2.2 billion) deal expanding its building solutions business following the spin off of its North American unit.- TKMS, Germany's largest warship-maker and the spin-off of defence group Thyssenkrupp, rose as high as €75 a share up from €60 in the first minutes of its trading debut.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Kering agreed to sell its beauty division to L’Oreal SA as part of a long-term strategic alliance. Shares of Kering rose as much as 5% in early trading on Monday morning. The stock has risen about 36% since the start of the year. - B&M European Value Retail shares drop as much as 20% to hit an all-time low, after the retailer cut its guidance less than two weeks after issuing a profit warning, while announcing Chief Financial Officer Mike Schmidt is stepping down.- European defense stocks rebound from last week’s slide after conflict reignited in Gaza over the weekend.Biggest gainers include Renk (+5.4%), Theon (+4.4%), Hensoldt (+3.8%), Rheinmetall (+3.4%). See omnystudio.com/listener for privacy information.

On this episode of Stock Movers, we take a look at some of the week's biggest movers: - AMD (AMD) landed a major order from Oracle for its forthcoming MI450 chips, a sign it’s making headway in its pursuit of Nvidia Corp. in the booming market for AI processors. Oracle will put 50,000 of the semiconductors in data center computers starting in the third quarter of 2026, according to a statement Tuesday. The systems will contain AMD processors and networking components. It’s also another endorsement of AMD technology. The Santa Clara, California-based company is working to become a credible alternative to Nvidia, the dominant provider of AI processors. Shares of the chipmaker rose as much as 4% in New York on Monday. - US bank stocks stabilized Friday as a new set of earnings from regional lenders was solid, helping ease concerns over credit quality that sparked a sharp selloff. The S&P Regional Banks Select Industry Index jumped 1.7% Friday, with Zions Bancorp (ZION) and Truist Financial Corp among the top performers. The modest rebound follows a 6.3% plunge on Thursday, led by Zions and Western Alliance Bancorp (WAL) after they said they were victims of fraud on loans to funds that invest in distressed commercial mortgages.  - Gold’s rally has awed Wall Street for months. Gold miners have done even better - so well that investors are now asking whether historic gains in shares of Newmont (NEM) Agnico Eagle Mines (AEM) and their competitors have gone too far. The NYSE Arca Gold Miners Index (GDM) was down 6% at 4:10 p.m. in New York on Friday, the biggest drop since May, while bullion fell more than 2%. Newmont sank 7.6%, Agnico Eagle Mines slid 6% and Barrick Mining Corp. retreated 6.5%. The trio had each enjoyed gains of more than 100% this year, while gold gained just over 60%.See omnystudio.com/listener for privacy information.

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Bailey Lipshultz and Carol Massar.On this episode of Stock Movers:- Truist Financial (TFC) shares rise after the firm told investors during its earnings conference call that while the bank had no exposure to bankrupt Tricolor Holdings, it has some exposure to First Brands. The bank accounted for this in its non-performing loans, loan loss reserve and 2025 net charge-off guidance, per CFO Mike Maguire.- American Express (AXP) reported earnings that beat expectations after unveiling the long-anticipated Platinum credit card refresh last month. Initial demand for the revamped Platinum card exceeded the firm’s predictions, with US Platinum account acquisitions doubling from pre-refresh levels. The firm raised the lower end of its full-year guidance, with revenue now expected to grow 9% to 10% and earnings likely to total $15.20 to $15.50 a share.- Oracle (ORCL) fell after giving its long-range financial outlook, suggesting investors anticipated a bigger boost from its investment in AI infrastructure. The company said overall annual revenue would total $225 billion by fiscal 2030, and the cloud infrastructure business would produce $144 billion in sales by then. Investors have expressed concern about the profitability of Oracle's AI effort, but the company said an infrastructure project for AI would have a gross margin of 35%.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Oracle (ORCL) fell after giving its long-range financial outlook, suggesting investors anticipated a bigger boost from its investment in AI infrastructure. The company said overall annual revenue would total $225 billion by fiscal 2030, and the cloud infrastructure business would produce $144 billion in sales by then. Investors have expressed concern about the profitability of Oracle's AI effort, but the company said an infrastructure project for AI would have a gross margin of 35%.- American Express (AXP) reported earnings that beat expectations after unveiling the long-anticipated Platinum credit card refresh last month. Initial demand for the revamped Platinum card exceeded the firm’s predictions, with US Platinum account acquisitions doubling from pre-refresh levels. The firm raised the lower end of its full-year guidance, with revenue now expected to grow 9% to 10% and earnings likely to total $15.20 to $15.50 a share.- Eli Lilly (LLY) and Novo Nordisk shares fell after President Donald Trump said the price of the diabetes drug Ozempic could come down to just $150 a month. Trump told reporters that the cost of the drug will soon be “much lower” than the current US list price of roughly $1,000 for a month’s supply. The potential price cut could lead to a big hit for Novo and Lilly, which dominate a market expected to top $95 billion by 2030See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Truist Financial (TFC) shares rise after the firm told investors during its earnings conference call that while the bank had no exposure to bankrupt Tricolor Holdings, it has some exposure to First Brands. The bank accounted for this in its non-performing loans, loan loss reserve and 2025 net charge-off guidance, per CFO Mike Maguire. - Micron (MU) shares falls after a report from Reuters that the chipmaker plans to stop supplying server chips to data centers in China after the business failed to recover from a 2023 government ban on its products in critical Chinese infrastructure. - Novo Nordisk (NOVO) shares slide after President Donald Trump said the price of the diabetes drug Ozempic could come down to just $150 a month. Talks over the price of weight-loss drugs, including Ozempic, are still ongoing, according to Mehmet Oz, head of the Centers for Medicare and Medicaid Services.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Novo Nordisk (NOVO) shares fall after President Donald Trump said the price of the diabetes drug Ozempic could come down to just $150 a month. Talks over the price of weight-loss drugs, including Ozempic, are still ongoing, according to Mehmet Oz, head of the Centers for Medicare and Medicaid Services.- State Street (STT) shares drop after the financial manager’s net interest income fell short of expectations in the third quarter. The company’s adjusted earnings per share for the quarter that beat the average analyst estimate.- Zion (ZION) shares plunge along with Western Alliance after the companies said they were victims of fraud on loans to funds that invest in distressed commercial mortgages. The disclosures add to other recent loan blowups, including subprime auto lender Tricolor Holdings and auto-parts supplier First Brands Group, which triggered losses for some banks.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares of pharma giants Eli Lilly (LLY) and Novo Nordisk (NOVOB DC) are falling in premarket trading after President Trump said the price of the blockbuster diabetes drug Ozempic could come down to just $150 a month. The US list price of Ozempic is roughly $1,000 for a month’s supply. Trump told reporters on Thursday that the cost of the drug, made by Novo, will soon be “much lower.” Lilly sells similar treatments, including Mounjaro and Zepbound.- American Express (AXP) shares moved lower ahead of the US open after Amex reported earnings that beat expectations after unveiling the long-anticipated Platinum credit card refresh last month. The company best known for its premium credit cards reported $421 billion in billed business, or transaction volume on credit cards and other products issued by Amex, for the third quarter. Analysts had expected the New York-based company to report billed business totaling $415.2 billion.reported earnings that beat expectations after unveiling the long-anticipated Platinum credit card refresh last month. The company best known for its premium credit cards reported $421 billion in billed business, or transaction volume on credit cards and other products issued by Amex, for the third quarter. Analysts had expected the New York-based company to report billed business totaling $415.2 billion.- Shares of Ally Financial (ALLY) follow Fifth Third Bank (FITB) and Truist Financial (TFC) higher in the early session as the three regional lenders posted positive earnings despite a broader rout in bank stocks.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares of regional banks Zions Bancorp (ZION) and Western Alliance (WAL) edged lower ahead of the open after the companies said they were the victims of fraud on loans to funds that invest in distressed commercial mortgages, fueling concern that more cracks are emerging in the credit markets.- Truist Financial (TFC) and Fifth Third Bank (FITB) edged higher in the early session after earnings that came in slightly above consensus estimates.- Shares of pharma giants Eli Lilly (LLY) and Novo Nordisk (NOVOB DC) are falling in premarket trading after President Trump said the price of the blockbuster diabetes drug Ozempic could come down to just $150 a month. The US list price of Ozempic is roughly $1,000 for a month’s supply. Trump told reporters on Thursday that the cost of the drug, made by Novo, will soon be “much lower.” Lilly sells similar treatments, including Mounjaro and Zepbound.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Rheinmetall and other defence stocks are down on the back of President Trump's announcement of a second summit with Vladimir Putin, aimed at bringing a rapprochement between Russia and Ukraine.- BBVA rose in early trading after the Spanish lender's 16 billion-euro bid for Banco Sabadell was rejected by 3 quarters of shareholders.- Pearson gains after the education company reiterated its guidance for the full year, noting its weighting toward the fourth quarter.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- BBVA rose in early trading after the Spanish lender's 16 billion-euro bid for Banco Sabadell was rejected by 3 quarters of shareholders.- EssilorLuxottica was lifted by growing revenue from the eyewear company’s AI smart-glasses partnership with Meta._ Volvo fell the most in six months after the truckmaker warned that a demand slowdown sparked by tariff uncertainty will extend into next year.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares of regional banks Zion (ZION) and Western Alliance (WAL) tumbled Thursday after the companies said they were the victims of fraud on loans to funds that invest in distressed commercial mortgages, fueling concern that more cracks are emerging in the credit markets. Zions Bancorp sank 12% after it disclosed a $50 million charge-off for a loan underwritten by its wholly-owned subsidiary, California Bank & Trust, in San Diego. And Western Alliance Bancorp tumbled almost 11% after it said it made loans to the same borrowers. Zions and Western Alliance were the biggest decliners in the KBW Bank Index, which posted its steepest drop in six months.- HP (HPE) shares fell the most in six months after the company gave an outlook for profit and cash flow for its upcoming fiscal year that missed analysts’ estimates, reflecting a margin crunch in the AI era.  Earnings, excluding some items, will be $2.20 to $2.40 a share in the year ending in October 2026. Free cash flow will be $1.5 billion to $2 billion, HPE said Wednesday in a statement. Analysts, on average, projected profit of $2.41 and free cash flow of $2.41 billion, according to data compiled by Bloomberg. The shares declined as much as 11% to $22.39 after markets opened in New York on Thursday, their biggest intraday drop since April 4. The stock had gained 17% this year through Wednesday’s close.- JB Hunt (JBHT) shares rose as much as 18% on Thursday, the biggest intraday jump since 1998, after the transportation and logistics company reported third quarter earnings that beat the average analyst estimate helped by better cost control measures.  See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - JB Hunt (JBHT) shares soar after the transportation and logistics company reported third quarter earnings that beat the average analyst estimate helped by better cost control measures. The stock is the best performer in the S&P 500 today, up almost 22%. - Hewlett Packard Enterprise (HPE) shares fall after the company gave an outlook for profit and cash flow for its upcoming fiscal year that fell short of analysts’ estimates, reflecting a margin crunch in the AI era. - F5 (FFIV) shares fell as much as 12% in Thursday trading, the most intraday since April 2024, after a senior US official warned of potentially “catastrophic” compromises due what was said to be a breach blamed on state-backed hackers from China.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- JB Hunt (JBHT) shares soar after the transportation and logistics company reported third quarter earnings that beat the average analyst estimate helped by better cost control measures. - Salesforce (CRM) shares rise after the software company forecasted that revenue growth will accelerate to double digits in the coming years. Salesforce expects $60 billion in annual revenue by the fiscal year ending in January 2030, Chief Financial and Operating Officer Robin Washington said Wednesday during an investor event. - Western Alliance (WAL) shares fall after news that the firm filed a lawsuit in August alleging fraud by a borrower in failing to provide collateral loans in first position. Western Alliance evaluated existing collateral and believe it covers the obligation, based on “as-is” appraisals.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Hewlett Packard Enterprise (HPE) shares fall after the company gave an outlook for profit and cash flow for its upcoming fiscal year that fell short of analysts’ estimates, reflecting a margin crunch in the AI era.- Salesforce (CRM) shares rise after the software company forecasted that revenue growth will accelerate to double digits in the coming years. Salesforce expects $60 billion in annual revenue by the fiscal year ending in January 2030, excluding any contribution from the planned acquisition of Informatica Inc.- JB Hunt (JBHT) shares climb after the transportation and logistics company reported third quarter earnings that beat the average analyst estimate helped by better cost control measures.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Taiwan Semiconductor (TSM) is higher after earnings beat analyst estimates, in the latest sign of rising demand for components like Nvidia chips that power AI. It also narrowed its capital expenditure forecast for the full year.- Hewlett Packard (HPE) shares are lower after the computer hardware and storage company issued a full-year forecast for profit and cash flow that fell short of analysts’ estimates. The company also said it is cutting an unspecified number of jobs as part of its integration with Juniper Networks. HPE is dealing with tighter margins in part due to building servers with expensive AI chips that have made the machines less profitable.- Salesforce (CRM) is higher on Thursday after the software company forecast that revenue growth will accelerate to double digits in the coming years. Bloomberg Intelligence analyst Anurag Rana says Salesforce’s forecast implies annual growth of 10% and “is encouraging, given the pace dipped to around 8-9% in recent quarters.”- United Airlines (UAL) is lower as analysts at Bloomberg Intelligence note that the airline’s results show signs of saturation, even for its premium seats. The company forecast adjusted earnings per share for the fourth quarter that beat the average analyst estimate.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Taiwan Semiconductor (TSM) is higher after earnings beat analyst estimates, in the latest sign of rising demand for components like Nvidia chips that power AI. It also narrowed its capital expenditure forecast for the full year.- United Airlines (UAL) is lower as analysts at Bloomberg Intelligence note that the airline’s results show signs of saturation, even for its premium seats. The company forecast adjusted earnings per share for the fourth quarter that beat the average analyst estimate. - Hewlett Packard (HPE) shares are lower after the computer hardware and storage company issued a full-year forecast for profit and cash flow that fell short of analysts’ estimates. The company also said it is cutting an unspecified number of jobs as part of its integration with Juniper Networks. HPE is dealing with tighter margins in part due to building servers with expensive AI chips that have made the machines less profitable.- Salesforce (CRM) is higher on Thursday after the software company forecast that revenue growth will accelerate to double digits in the coming years. Bloomberg Intelligence analyst Anurag Rana says Salesforce’s forecast implies annual growth of 10% and “is encouraging, given the pace dipped to around 8-9% in recent quarters.”See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Nestle shares surged after it posted a stronger-than-expected increase in quarterly sales and announced plans to slash 16,000 jobs. - Kering has been downgraded to sell from hold by an analyst at Berenberg amid concerns over demand-side challenges in the luxury sector.- Nordea Bank shares rose to a record high after the Helsinki-based lender beat on net interest income and announced a spare of share buybacks.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Investors led by BlackRock (BLK)'s Global Infrastructure Partners agreed to buy Aligned Data Centers in a $40 billion deal, one of the asset manager’s largest infrastructure investments ever that comes as Wall Street races to claim a stake in the artificial-intelligence boom. MGX, an AI investment company established by sovereign wealth fund Mubadala Investment Co., will invest alongside GIP, according to a statement Wednesday that confirmed an earlier Bloomberg News report. The buyers are purchasing the company from Macquarie Asset Management, which made its first investment in Aligned in April 2018. Shares rose as much as 2% intraday before paring gains.- Stellantis (STLA) vowed to invest $13 billion in the US over the next four years as the maker of Jeep SUVs and Ram trucks seeks to reinvigorate its business in the critical market and mitigate tariff costs. The plan marks the troubled automaker’s most ambitious attempt yet to rebuild its battered business in the US, where it’s lost market share in part due to an aging product lineup. Shares closed higher.- PNC (PNC)'s more-expensive commercial deposits grew faster in the third quarter, a drag on the net interest margin that pushed the bank further from its year-end goal. That was “a step in the wrong direction” as the Pittsburgh-based company has said it aims to reach a NIM closer to 3% by the end of the year, John McDonald, an analyst at Truist Financial Corp., wrote in a note. Shares of the company sank 4.1% at 10:30 a.m. in New York, the biggest intraday decline in more than six months. That pushed this year’s decline to 5.6%.See omnystudio.com/listener for privacy information.

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Matt Miller, Katie Greifeld, David Gura and Carol Massar. On this episode of Stock Movers: - United Airlines (UAL) is rising in the afterhours after after reporting better-than-expected earnings for the third quarter. The company expects brand-loyal flyers and demand for its premium seats to drive profit through the end of the year, maintaining momentum. - Bank of America (BAC) closed higher after reporting earnings. It reported trading revenue excluding DVA for the third quarter that beat the average analyst estimate. Net interest income also came in $15.23 billion compared to the estimate of $15.03 billion. - Northrop Grumman (NOC) and Lockheed Martin (LMT) were two of the defense stocks that fell Wednesday after Treasury Secretary Scott Bessent said the US might ask defense companies to do less buybacks. Northrop Grumman is the most in four months on the news.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- BlackRock (BLK) shares rise after investors led by BlackRock Inc.’s Global Infrastructure Partners agreed to buy Aligned Data Centers in a $40 billion deal, one of the asset manager’s largest infrastructure investments ever that comes as Wall Street races to claim a stake in the artificial-intelligence boom.- Stellantis (STLA) shares gain after the company vowed to invest $13 billion in the US over the next four years as the maker of Jeep SUVs and Ram trucks seeks to reinvigorate its business in the critical market and mitigate tariff costs.- Morgan Stanley (MS) shares jump after the firm's stock traders soared past expectations in the third quarter, topping all of its largest rivals as US President Donald Trump’s policies kept markets on edge throughout the period. Shares of the company jumped the most in more than six months.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Dollar Tree (DLTR) shares jump after the retailer projected earnings per share to gain at a compound rate of as much as 15% over the next three years. The company said earnings per share is expected to grow by a “high-teens percentage” in fiscal 2026 due to cost benefits.- Papa John’s (PZZA) international shares jumped on Wednesday as Reuters reported Apollo Global Management submitted a bid within the last week to take the pizza chain operator private at $64 per share.- Grindr (GRND) shares gain after the company said its largest shareholders are exploring an acquisition that would take the company private at no less than $15 a share, confirming an earlier media report. James Lu and Raymond Zage, who together own more than 60% of the company, have “engaged financial and legal advisers” to explore the possibility of taking the LGBT-focused dating app company private, primarily through debt financing, according to a regulatory filing published Tuesday.See omnystudio.com/listener for privacy information.

- Bank of America (BAC) is after reporting earnings. It reported trading revenue excluding DVA for the third quarter that beat the average analyst estimate. Net interest income also came in $15.23 billion compared to the estimate of $15.03 billion- Morgan Stanley (MS) are rising after stock traders surpassed expectations in the third quarter, topping rivals on the surge in trading activity as US President Donald Trump's policies kept markets on edge throughout the period. Revenue from trading stocks surged to $4.12 billion in the third quarter, according to a statement, and the firm's results also got a boost from better-than-expected investment-banking fees.- Papa John's (PZZA) is higher as Reuters reports Apollo Global Management submitted a bid within the last week to take the pizza chain operator private at $64 per share.- Grindr (GRND) shares are higher after it said its largest shareholders are exploring an acquisition that would take the company private at no less than $15 a share. Grindr has established a special committee to assess offers if a firm plan is presented to the company, and is focused on executing its three-year plan.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Bank of America (BAC) is after reporting earnings. It reported trading revenue excluding DVA for the third quarter that beat the average analyst estimate. Net interest income also came in $15.23 billion compared to the estimate of $15.03 billion- Nvidia (NVDA) shares are up on news that Nscale has agreed to build a site for Microsoft in Texas, with a capacity of as much as 240 megawatts of power. The site will deploy around 104,000 new Nvidia chips, the GB300, and is set to open in the third quarter of 2026.- Dollar Tree (DLTR) shares are down as sales slowed after the US discount retailer raised prices to offset President Donald Trump’s import tariffs.- Papa John's (PZZA) is higher as Reuters reports Apollo Global Management submitted a bid within the last week to take the pizza chain operator private at $64 per share.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- LVMH shares continue to surge after the owner of Louis Vuitton and Christian Dior unexpectedly returned to sales growth in the third quarter, suggesting a slump in luxury demand is easing.- PageGroup - the FTSE-250 listed recruitment company - posted a milder drop in gross profit in the third quarter compared to what was seen in the first half.- RENK Group slid after Citi analyst Charles Armitage cut the recommendation on the company to sell from neutral.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - LVMH shares surged after the owner of Louis Vuitton and Christian Dior unexpectedly returned to sales growth in the third quarter, suggesting a slump in luxury demand is easing. - Dutch chip equipment maker ASML has reported orders of 5.4 billion euros for the third quarter, which is half a billion more than analysts had forecast.- Stellantis plans to invest $13 billion in the US over the next four years as the maker of Jeep SUVs and Ram trucks seeks to reinvigorate its business in the critical market and mitigate tariff costs.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Wells Fargo (WF) shares soared after the firm laid out its first major update of a mid-term profitability target since regulators lifted an asset cap for the bank.The stock climbed to close 7.1% higher Tuesday, its biggest daily gain since last Nov. 6, when Donald Trump’s election win boosted financial stocks with expectations the president would ease regulation and juice the economy with his agenda.- Walmart (WMT) is teaming up with OpenAI to enable shoppers to browse and purchase its products on ChatGPT, the retailer’s latest push to incorporate artificial intelligence. Users will be able to shop Walmart’s assortment directly on ChatGPT by clicking a “buy” button, Daniel Danker, Walmart’s executive vice president of AI, product and design, said in an interview. The catalog includes apparel, entertainment, packaged food and other products from Walmart and its Sam’s Club chain. Shares rose 5% on Tuesday, closing at a record high. - Atai Life Sciences (ATAI) shares rose 11% in trading today along with stocks in several psychedelic medicine companies after a Republican state senator in North Carolina said at an event that his state could "lead the nation" in expanding military veterans' access to mental health drugs. “We have the people that are here and the retirees that are here that—if we can figure out how to establish it—we can lead the nation in this concept” said GOP State Senator Bob Brinson. “It’s a matter of figuring out how.”See omnystudio.com/listener for privacy information.

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Matt Miller, Katie Greifeld, Isabelle Lee and Carol Massar. On this episode of Stock Movers: - Wells Fargo (WFC) closed higher, soaring in their biggest gain since Trump's election win. The bank raised a key profitability metric, aiming to achieve return on tangible common equity of 17% to 18% in the medium term. The lender reported net interest income of $11.95 billion in the third quarter, slightly missing analysts' estimates of $12.01 billion. - Walmart (WMT) shares rose on news that the retailer is teaming up with OpenAI to enable shoppers to browse and purchase its products on ChatGPT. Users will be able to shop Walmart's assortment directly on ChatGPT by clicking a "buy" button, with the catalog including apparel, entertainment, packaged food and other products. - Fannie Mae (FNMA) and Freddie Mac (FMCC) had four straight days of losses. Bloomberg Intelligence analyst Ben Elliott says Fannie and Freddie investors are finally starting to see dilution risks. He notes a recent social media post by Federal Housing Finance Agency (FHFA) Director Bill Pulte urging investors to fully grasp the risks the companies outline in their 10-K filings — including that ending the conservatorships could significantly dilute or even wipe out the value of common and junior preferred stock.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - General Motors (GM) shares are up after news that the automaker is incurring $1.6 billion in charges tied to its pullback from electric vehicles due to US policy changes. - Domino’s Pizza (DPZ) shares rise after the company posted better-than-expected quarterly results, fueled by demand for promotions and stuffed crust pizza. Domino’s stronger results reflect growing customer demand driven by its recent promotions, stuffed crust offering, and steady delivery momentum.  - Polaris (PII) after the recreational vehicle maker said it would separate Indian Motorcycle from its portfolio and sell a majority stake to Carolwood LP. Polaris also gave preliminary results for its third quarter that included a surprise adjusted EPS projection.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - JPMorgan (JPM) is after reporting earnings. The big bank boosted its net interest income forecast for the full year and beat most estimates, but it is lower after showing slightly higher provision for credit losses than the market was expecting at $3.4 billion, compared to a consensus estimate of $3.08 billion. - Wells Fargo (WFC) shares are higher after it raised a key profitability metric, aiming to achieve return on tangible common equity of 17% to 18% in the medium term. The lender reported net interest income of $11.95 billion in the third quarter, slightly missing analysts' estimates of $12.01 billion. - Goldman Sachs (GS) shares are higher after it posted record third-quarter revenues as a resurgence in dealmaking pushed its investment banking haul past expectations. Global deal values topped $1 trillion in a third quarter for only the second time on record, helped by a slew of headline-grabbing transactions. - Citi (C) jumped after it reported FICC sales & trading revenue for the third quarter that beat the average analyst estimate. 3Q Equities Sales & Trading Revenue came in at $1.54B, beating $1.33B estimates. - Domino's (DPZ) share are rising after the company posted better-than-expected quarterly results, fueled by demand for promotions and stuffed crust pizza. The company’s stronger results reflect growing customer demand driven by its recent promotions, stuffed crust offering, and steady delivery momentum, including its “best-deal-ever” campaign and partnership with DoorDash.Eric MolloSee omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- JPMorgan (JPM) is after reporting earnings. The big bank boosted its net interest income forecast for the full year and beat most estimates, but it is lower after showing slightly higher provision for credit losses than the market was expecting at $3.4 billion, compared to a consensus estimate of $3.08 billion.- Wells Fargo (WFC) shares are higher after it raised a key profitability metric, aiming to achieve return on tangible common equity of 17% to 18% in the medium term. The lender reported net interest income of $11.95 billion in the third quarter, slightly missing analysts' estimates of $12.01 billion.- General Motors (GM) shares are lower after it filed an 8-K showing it will incur a $1.6 billion charge related to shifting electric-vehicle production plans, underscoring the toll on US carmakers from uneven demand and flagging federal support for plug-in vehicles. The charges include a non-cash impairment and other charges of $1.2 billion as a result of adjustments to EV capacity, GM said Tuesday in a regulatory filing.- Domino's (DPZ) share are rising after the company posted better-than-expected quarterly results, fueled by demand for promotions and stuffed crust pizza. The company’s stronger results reflect growing customer demand driven by its recent promotions, stuffed crust offering, and steady delivery momentum, including its “best-deal-ever” campaign and partnership with DoorDash.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Fevertree Drinks jumps as much as 5.7% after being upgraded at Jefferies, with analysts pointing to a “more refreshing growth story” as they predict better margins and higher cash returns going forward. - Bellway shares rise as much as 6.2%, the most in four months, as the housebuilder leaves guidance broadly unchanged and unveils a £150m share buyback program.-Ericsson shares jump as much as 11%, the most since April, after the Swedish telecommunications group beat estimates.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Ericsson shares jump as much as 11%, the most since April, after the Swedish telecommunications group beat estimates.n_ EasyJet shares jump as much as 11%, the most since January 2023, after a report that Mediterranean Shipping Company is considering making an offer for the budget airline, in partnership with an investment firm.- Michelin shares fell after the tiremaker lowered its financial guidance for the year following a bigger-than-expected sales slump in North America.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Papa John's (PZZA) shares rose as much as 23%, the most intraday since March 2020, after StreetInsider reported that the pizza restaurant operator received a $64 per share bid from Apollo Global Management.- Las Vegas Sands (LVS) along with Melco and Wynn Resorts all were trading lower as the latest Macau casino industry data painted a gloomy picture. - Broadcom (AVGO) shares lurched higher after OpenAI agreed to buy the company’s custom chips and networking equipment in a multiyear deal, part of an ambitious plan by the startup to add artificial intelligence infrastructure. As part of the pact, OpenAI will design the hardware and work with Broadcom to develop it, according to a joint statement on Monday. The plan is to add 10 gigawatts’ worth of AI data center capacity, with the companies beginning to deploy racks of servers containing the gear in the second half of 2026.See omnystudio.com/listener for privacy information.

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Matt Miller, Katie Greifeld, Bailey Lipschultz and Carol Massar. On this episode of Stock Movers: - Broadcom (AVGO) shares jumped almost 10% today after OpenAI agreed to buy the company’s custom chips and networking equipment in a multiyear deal, part of an ambitious plan by the startup to add artificial intelligence infrastructure. - Warner Brothers (WBD) closed 3.98% higher after it rebuffed Paramount Skydance's initial takeover approach for being too low, according to people familiar with the matter. Paramount has several options in its pursuit of Warner Bros., including boosting its bid, going directly to shareholders or finding additional backing through a financial partner. - Fastenal (FAST) closed lower, with the biggest drop since 2020. The stock was the worst performer in the S&P today after reporting third quarter earnings per share and operating income that were slightly below expectations.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Broadcom (AVGO) shares jumped after OpenAI agreed to buy the company’s custom chips and networking equipment in a multiyear deal, part of an ambitious plan by the startup to add artificial intelligence infrastructure. - Keurig Dr Pepper (KDP) jumped on Monday after the Financial Times reported that Starboard Value had built a stake in the beverage company.  - JPMorgan Chase & Co. (JPM) vowed to funnel $1.5 trillion into industries that bolster US economic security and resiliency over the next 10 years — an initiative that will invest billions of dollars in companies and hire bankers and other professionals.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Disney (DIS) shares jump after Taylor Swift said she will have new content that will premiere on Disney+ in December, according to a post on X. “The Eras Tour|The Final Show featuring the entire Tortured Poets Department set and the first two episodes of The End of an Era, a 6-episode behind-the-scenes docuseries” will premiere December 12 on Disney+.- Beyond Meat (BYND) shares plummet after the troubled plant-based protein producer said nearly all creditors had accepted a debt swap that will lead to a substantial dilution of shareholders. Based on the latest results, the company said it’s expected to issue 316 million new shares. The plan, which was disclosed in September and drove down the shares, aims to reduce leverage. - Broadcom (AVGO) shares rise after OpenAI signed a multiyear agreement with Broadcom Inc. to collaborate on custom chips and networking equipment. The plan is to add 10 gigawatts’ worth of AI data center capacity, with the companies beginning to deploy racks of servers containing the gear in the second half of 2026.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Nvidia (NVDA) shares rise after Treasury Secretary Scott Bessent was asked on Fox Business whether there were ever discussions of the US government taking a stake in Nvidia; he said he was not part of any such talks. He did say Nvidia is the most valuable company in the world, with “incredible” management.- Intel (INTC) shares rise after Bank of America downgraded the stock to underperform from neutral, saying it has gone “too far, too fast” and the company has yet to lay out a “discernible AI strategy” - AMD (AMD) shares are up after the company was raised to outperform from neutral at KGI Securities, price $260, implies a 21% increase from last price. Mizuho raised the target price on AMD to $275 from $205, which implies a 28% increase from the last price.See omnystudio.com/listener for privacy information.